News
Daily digest of all European digital development news
Qdrant closes $50M Series B to expand vector search infrastructure
Qdrant raises $50M Series B for its open-source vector search engine, accelerating AI infrastructure development. This funding fuels the expansion of its composable platform for dynamic AI workloads and evolving datasets.
Wonderful raises $150M Series B to scale its enterprise AI agents across 30 countries
Amsterdam startup Wonderful secures $150M Series B to scale AI agents, aiming to bridge the demo-to-production gap for enterprises globally. The funding fuels expansion across 30 countries with its rapidly growing AI team.
SkySelect raises $9M to modernise aircraft parts procurement with AI
Estonian AI procurement platform SkySelect secures $9M to modernize aircraft parts sourcing. AI solutions cut AOG costs and reduce excess inventory, addressing a $50B industry inefficiency.
Amsterdam-based enterprise AI agent platform Wonderful raises €129.8 million Series B at €1.7 billion valuation
Amsterdam's Wonderful secures €129. 8M for its enterprise AI agent platform, now valued at €1....
Delfos Energy secures €3M Seed extension to scale AI “virtual engineer” for energy infrastructure
Delfos Energy launches AI "virtual engineer" for energy infrastructure, securing €3M extension. The platform supports over 1,000 energy sites across Europe, offering actionable insights to boost efficiency.
heise Offer: Digital Sovereignty in Practice – Making Cloud, AI, and Security Crisis-Proof
Germany's heise online highlights digital sovereignty strategies for Cloud, AI, and Security. The move aims to protect against geopolitical risks from tech giant dependence.
Endform raises €1.5M as faster AI-generated code puts new pressure
Swedish testing startup Endform secures €1. 5M seed funding to accelerate AI-generated code reviews....
The EU-Startups Podcast | Interview with Refurbed founder Kilian Kaminski
Vienna-based Refurbed accelerates circular economy for electronics, refurbishing and reselling devices. The platform has secured over €120M to scale its sustainable consumption mission across Europe.
EU Cybersecurity Regulation Forces Embedded Systems Industry to Make Changes
EU's Cyber Resilience Act forces changes on embedded systems like industrial computers and medical devices. Companies must now proactively address cybersecurity risks for their products.
EU lawmakers deal to ban AI non-consensual intimate deepfakes
EU lawmakers strike deal to ban non-consensual intimate deepfakes under the AI Act. The ban, driven by recent scandals and 57 MEPs, adds explicit prohibition to the landmark legislation.
Elaia closes its third deep-tech seed fund at €134M
Paris VC Elaia secures €134M for deep-tech startups, exceeding its €120M goal. The fund accelerates investment in cutting-edge European technology and innovation.
Barcelona’s Delfos Energy raises €3 million to build AI “virtual engineer” for the energy industry as it charges up for Series A
Barcelona's Delfos Energy raises €3M for its AI virtual engineer powering Europe's energy sites. The funding will fuel Series A expansion and solidify its role in digital energy transformation.
Neuramancer lands €1.7M pre-seed to scale deepfake detection tools
Berlin startup Neuramancer AI secures €1. 7M to combat deepfakes with novel AI detection....
Cleafy raises €12M to expand financial fraud detection technology
Milan-based Cleafy secures €12M for its AI-powered financial fraud detection platform. The funding will accelerate global threat analysis and bolster European banking sector resilience amid new regulations.
EU Commission undermines data protection of the digital wallet
EU Commission weakens data protection for digital wallets by diluting the "need-to-know" principle. This decision undermines a core strength of the upcoming EUDI Wallet for official documents.
Revolut finally secures full UK banking licence as it continues global push
Revolut secures a full UK banking licence after a five-year wait, signalling a major fintech expansion. The digital bank also applied for a US licence, accelerating its global ambitions.
Germany’s AIRMO raises €5 million to detect methane leaks from space with satellite launch planned for 2027
German SpaceTech startup AIRMO raises €5 million for its satellite-based methane leak detection. The funding fuels a 2027 satellite launch to monitor 12 million energy assets globally.
Elaia closes third DeepTech Seed fund at €134 million as “European DeepTech is reaching escape velocity”
Elaia closes €134M fund for European DeepTech, fueling B2B startups in AI and digital innovation. The VC firm is actively deploying capital to companies across Europe, signalling significant growth.
Almost 40 new unicorns have been minted so far this year — here they are
AI ignites European startup funding frenzy, minting almost 40 new unicorns this year. This surge highlights intense investor interest in AI-driven innovation across the continent.
Pure Data Centres and AVK deploy Europe’s first large-scale microgrid
Europe's first large-scale 110 MW data centre microgrid launches in Dublin. This Pure Data Centres and AVK deployment enhances resilience during initial development phases.